Is Danbury Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Danbury Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Danbury Township has remained a Seller's Market.

Key Takeaway

Danbury Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Danbury Township, OH

How much do homes in Danbury Township, OH cost?

Median Sold Price

$475,000

$320/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$75,000(+18.8%)

Key Takeaway

Homes in Danbury Township have sold for 18.8% more than they did a year ago.

Summary: The median home sold price in Danbury Township was $475,000 in October 2024, up 18.8% from last year, and the median price per square foot was $320.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $158.5K$242.5K
+53.0%
2 $325K$260K
-20.0%
3 $405K$475K
+17.3%
4 $599K$625K
+4.3%
5+ $1.2M$797.5K
-33.6%

Summary: Danbury Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 33.6%.

Median Sold Price Compared To Nearby Cities

Marblehead
+45.0%
Danbury Township
+18.8%
Lakeside Marblehead
+18.1%
Catawba Island Township
+12.8%

Housing Supply in Danbury Township, OH

How many homes are available in Danbury Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8979-11.2%

Summary: The Danbury Township real estate market had 79 homes for sale in October 2024, a 11.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1614
-12.5%
3 4943
-12.2%
4 1718
+5.9%
5+ 74
-42.9%

Summary: The Danbury Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2019-5.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Danbury Township, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Danbury Township in October 2024, down by 5.0% month-over-month. Of the 19 sold homes, 68% were sold under asking, 16% were sold at asking, and 16% were sold over asking.

Days on Market for Danbury Township, OH

How long does it take to sell a home in Danbury Township, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
81 Days96 Days+19.3%

Summary: Homes in Danbury Township had an average of 96 days on market in Oct 2024, up by 19.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Danbury Township has remained consistent over time.

Summary: During October 2024, 19 homes were sold in Danbury Township; 32% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Danbury Township, OH

Nearby Markets to Danbury Township, OH

What housing markets are near Danbury Township, OH?